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Best Bitcoin Brokers & Exchanges In 2025

Written By

Jemma Grist

Written By

Jemma Grist

Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.

» Jemma Grist Profile Page

Edited By

Michael MacKenzie

Edited By

Michael MacKenzie

Michael is a writer and editor with over a decade in journalism and publishing. His niche lies in editing and fact-checking content in the financial services sector, with a focus on online brokers and trading platforms. Michael previously reported on politics and economics in the Middle East and edits books for established publishers.

» Michael MacKenzie Profile Page

Fact Checked By

William Berg

Fact Checked By

William Berg

William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.

» William Berg Profile Page

Updated

Jun 17, 2025

Bitcoin trading was once confined to specialized crypto exchanges, but nowadays many reliable and regulated brokers also allow traders to speculate on BTC by buying and selling it directly or via derivatives.

Dive into our list of the best Bitcoin brokers and exchanges to find the platforms with excellent reputations, reliable execution, competitive pricing and intelligent features.

How Did DayTrading.com Choose The Best Bitcoin Trading Platforms?

We ranked Bitcoin providers based on total ratings after evaluating over 200 metrics across eight key categories. Our analysis included nine data points specifically tied to Bitcoin trading, ensuring an in-depth assessment.

Exchange Or Broker?

Back in the early days of Bitcoin trading, tokens were bought and sold only between individuals in a peer-to-peer trade, or later on dedicated crypto exchanges.

Today, exchanges still offer the widest range of crypto tokens and will often have the best pricing particularly for less liquid markets.

However, crypto as an asset class still lags behind other assets from a regulatory standpoint, and dedicated exchanges are not as closely overseen as traditional brokers.

The 2022 collapse of FTX, the third-largest crypto exchange at the time, illustrates the risks of trading with an exchange.

Fortunately, Bitcoin has hit the mainstream, and many regulated brokers now support BTC trading with fast execution and low pricing, often by buying and selling BTC directly but also through derivative products such as crypto CFDs.

Brokerages with licenses from ‘green tier’ bodies in our broker regulator database, such as the Cyprus Securities and Exchange Commission (CySEC), must implement client security measures such as segregating client from business funds, and regularly submit financial statements to retain their licences.

That’s why our experts mostly trade BTC via regulated brokers, and generally suggest the same for all but experienced crypto traders.

How To Choose A Bitcoin Provider

Over years evaluating Bitcoin trading via dozens of brokers and exchanges, we’ve identified these as the most important features for BTC day traders:

Trust

As with any other asset, trust comes first for us when we research Bitcoin brokers.

Crypto trading scams have become commonplace on social media sites, as the Commodity Futures Trading Commission (CFTC) warns, so we prioritize Bitcoin brokers that score highly in our Regulation & Trust Rating.

Generally, we’re looking for brokers licenced by ‘green-tier’ regulators that have a long and clean business history and whose services we personally feel secure using.

When choosing a Bitcoin broker or exchange there are also some specific points to look out for:

And there are red flags that mark out brokers you should avoid:

I prefer to fund my crypto trades using Bitcoin, and part of my system for protecting my trading capital is to periodically ‘reset’ my trading funds by moving profits out of my brokerage account and into a cold wallet.

Since this is offline, it’s much less vulnerable to hacks, so I can feel assured my funds are more secure.

Jemma Grist

Author

Fees

Choose a low-cost firm, especially if you’re an active day trader because fees add up.

These are the most important fees we consider when reviewing Bitcoin brokers:

• Spread fees represent the difference between buy and sell prices
• Commission fees charged by some Bitcoin trading platforms
• Borrowing fees for using margin to amplify purchasing power
• Conversion fees when depositing in certain crypto or fiat currencies
• Inactivity fees if the account becomes dormant

You should remember, though, that the best broker isn’t necessarily the one with the lowest fees, and it’s sometimes worth paying slightly more for better services.

In my experience, a broker with very fast execution and excellent research tools can make it easier to earn money on Bitcoin trades than a bare-bones broker with slightly tighter spreads.

Jemma Grist

Author

Trading Vehicles

You should choose a Bitcoin broker with trading vehicles that suit your trading strategy.

Most Bitcoin brokers we’ve tested offer financial derivatives, allowing active traders to speculate using leverage and amplify their profits from short-term price movements.

The most widely available vehicle is contracts for difference (CFDs), with options to go long or short. However, Bitcoin CFDs aren’t available in certain regions, such as the US and UK.

Another increasingly popular product is Bitcoin ETFs (Exchange-Traded Funds), such as the Bitcoin Tracker Fund, which tracks Bitcoin’s value but trades on traditional stock exchanges.

Leverage

Leverage lets traders borrow capital to amplify their Bitcoin positions. While this can boost profits, it also increases potential losses, so you should take great care with leveraged trades and avoid it if you’re a beginner.

Most firms we’ve investigated offer low leverage on Bitcoin owing to its volatility and high-risk nature. In tightly regulated regions like Europe, you can usually trade Bitcoin with leverage of 1:2, or 2x, your investment.

Offshore brokers and exchanges may offer much higher leverage on Bitcoin – some offer 1:500 or more – but we urge traders to stick to low or no leverage on volatile instruments like Bitcoin.

Bitcoin is a volatile instrument that regularly sees prices rise or fall by 5% or more in a single trading session.

If you stake $100 on a BTC trade with 1:100 leverage and the price moves 5% against you, you may find yourself in the hole by $500, so you need to be extremely careful and to practice risk management whenever you make leveraged plays.

Jemma Grist

Author

Best Exchange

Some of our experts use regulated brokers to make BTC trades, but we recognize the importance and attraction of exchanges, especially for dedicated crypto traders.

Security is paramount, especially following high-profile exchange collapses like FTX in 2022 and the hack of Bybit in 2025, which saw the loss of around $1.5 billion in crypto.

So you should look for an exchange that offers:

Besides that, we prefer Bitcoin exchanges that provide transparent pricing, a large range of assets to trade alongside BTC, and intuitive platforms with in-built tools and indicators.

Trading Software

We know from personal experience that a broker’s trading platform impacts ease of use and effectiveness. This is especially important for active traders who may spend a lot of time plugged into the software.

Choose a Bitcoin broker or exchange with platform options that include:

Customer Support

Reliable support is crucial, especially for fast-moving Bitcoin markets, so you should look for providers with well-informed and professional assistants available via live chat, email and phone.

Remember that Bitcoin trades 24/7, so available hours are especially important for this asset – you will want support to be available at the specific hours you trade at least, if not 24 hours a day.

Account Funding

As a day trader, chances are you’ll want to regularly fund and empty your account, so you should look for a broker that makes this easy, fast and affordable.

For me, it’s important for a Bitcoin broker to also accept payments in BTC, but your preferences will vary and you might want to look for brokers with base accounts in USD or your local currency.

We’ve found that e-wallets like PayPal often bring the most flexibility, as you can use them to convert currencies, link them to your debit or credit card, and often even buy and sell Bitcoin and other crypto tokens.

Bottom Line

Bitcoin brokers and exchanges enable traders to potentially profit off the highly volatile Bitcoin, but selecting the right provider is key to ensure you aren’t being scammed and to get the best trading experience.

To get started, dig into our ranking of the top Bitcoin trading providers.

FAQ

How Do Bitcoin Trading Platforms Make Money?

Bitcoin brokers generally make money through the spread and/or by charging commission fees. The spread is the difference between the buy and sell price, while commission fees are usually a flat fee applied to every transaction.

How Do I Know If A Bitcoin Trading Provider Is Legit Or A Scam?

Legitimate Bitcoin providers are regulated by reputable authorities in DayTrading.com’s Regulation & Trust Rating, such as the Australian Securities & Investments Commission (ASIC) and Cyprus Securities & Exchange Commission (CySEC).

They are also well-established, have positive customer reviews and use security measures like segregated client funds and proof of reserves.

Red flags to watch out for:

• Promises that you can get rich quickly trading Bitcoin and that it’s a low-risk investment.
• Poorly presented websites with limited information about the brand’s regulatory details and management.
• Encouragement on social media, email, telephone or other mediums to deposit money quickly to capitalize on ‘unmissable Bitcoin trading opportunities’.